Almost one month after President
Muhammadu Buhari presented a N7.29 trillion 2017 budget proposal to a joint
session of the National Assembly, Senate President, Bukola Saraki and Speaker
of the House of Representatives, Yakubu Dogara, said, yesterday, both chambers
will commence debate on the document, next week.
Saraki said this when Senate
reconvened after a three-week Christmas break. He also disclosed that the Medium
Term Expenditure Framework, MTEF, and the Fiscal Strategy Paper, FSP, will be
passed tomorrow.
The Senate President reiterated the
need to ensure the 2017 budget is well scrutinised in order to pass the most
successful budget in the history of the National Assembly.
On his part, Dogara said Nigerians
have identified the 2017 budget as one of the tools through which the Federal
Government can pull the country out of recession, hence, the need to have it
passed in a transparent and timely manner.
Dogora, in his welcome address,
stressed that members must be committed to ensuring that work on 2017
Appropriation Bill is carried out “professionally”.
The 2017 budget remains the major
tool to re-jig our economy. This is in addition to other fiscal and monetary
policies.
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